Vinyl Ester Market | Growth and Analysis
Market Growth and Forecasts for 2021-2025
The vinyl ester market and it is expected to grow by $ 350.65 mn, accelerating at a CAGR of almost 3.54% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers to enable growth projections and insights. This analytical examination of the market will enable businesses to plan and set the path for future growth prospects.
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Vinyl Ester Market: Market Segments and Key Trends
This report provides a detailed analysis of the market by Application (pipes and tanks, marine, FGD, wind energy, and others) and Geography (APAC, North America, Europe, South America, and MEA). 43% of the market growth will originate from APAC during the forecast period. This research report provides a detailed analysis of all the segments, key trends, and challenges that are likely to influence growth.
Vinyl Ester Market: Leading Factors to Drive Market Growth
The Increased demand from corrosion-resistant pipes and storage tanks is one of the primary factors that will drive the growth of the vinyl ester market. The report provides a detailed study of this and all the other drivers that are likely to boost the market growth. For a deeper understanding of this market request our FREE Sample Report. Our analysis will help the client to prepare for recovery and growth post the havoc caused by the pandemic.
Vinyl Ester Market: Vendor Analysis
The market is fragmented. The research report provides insights into the top market player and their product portfolio along with pipeline analysis of upcoming developments and growth opportunities. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Allnex Netherlands BV, AOC LLC, Ashland Global Holdings Inc., DIC Corp., Hexion Inc., Interplastic Corp., Orca Composites, Reichhold LLC, SHOWA DENKO K.K., and Swancor Holding Co. Ltd. are some of the major market participants.
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Vinyl Ester Market: Key Highlights of the Report for 2021-2025
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Technavio has been monitoring the global vinyl ester market and it is expected to grow by USD 540.86 million accelerating at a CAGR of almost 5% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking. Download latest version with COVID-19 analysis Free Sample Report
This report provides a detailed analysis of the vinyl ester market by Application (Pipes and tanks, Marine, FGD, Wind energy, and Others) and Geography (APAC, Europe, MEA, North America, and South America), and the Segment Forecasts, 2020-2024. The report also provides a detailed analysis of around 25 vendors operating in the vinyl ester market.
Vinyl Ester Market: Key Drivers and Trends
The corrosion of steel and other metal-based pipes and storage tanks is one of the biggest challenges faced by several industries including oil and gas, chemical, and waste-water treatment. Hence, these industries use vinyl ester to manufacture storage tanks and pipes because of superior chemical and abrasion resistance, corrosion resistance, low permeability, and flexibility, in turn, driving the expansion of the global vinyl ester market.
Moreover, the increase in demand for flue-gas desulfurization (FGD) systems is rapidly increasing, as it is used by several end-user industries because of the stringent environmental regulations to control the emission of sulphur dioxide gas. The increased demand from corrosion-resistant pipes and storage tanks coupled with the implementation of stringent environmental regulations to drive the demand for flue-gas desulfurization systems is driving the vinyl ester market growth at a CAGR of almost 5% during the forecast period.
Vinyl Ester Market: Vendor Analysis
The market is fragmented. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Allnex Netherlands BV, AOC LLC and Ashland Global Holdings Inc. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.
Technavio offers custom research reports with detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will help clients keep up with new product launches in direct & indirect COVID-19 related markets. It will also provide insights on upcoming developments along with pipeline analysis of vendor operations and the impact of government regulations.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19 Download a Free Sample Report
Vinyl Ester Market Size to Grow by $ 540.86 Million through 2020-2024
The vinyl ester market is expected to grow by $ 540.86 mn, accelerating at a CAGR of almost 5% during the forecast period. Technavio’s research report traces the growth trajectory of the market and provides a detailed analysis of the prevalent market forces, trends, and drivers which are likely to impact the market in focus. View Free Sample Report
Vinyl Ester Market: Segmentation by Application
This report provides a detailed analysis of the market by Application (Pipes and tanks, Marine, FGD, Wind energy, and Others) and Geography (APAC, Europe, MEA, North America, and South America). This research report will provide insights into the current market share of each segment along with growth projections for the next five years. In addition, the report also offers a detailed impact analysis of various trends, drivers, and challenges which are likely to influence market growth during the forecast period. These insights are expected to equip clients with reliable information based upon which they can design a growth strategy for their business and area of operations.
Vinyl Ester Market: Vendor Analysis
The market is fragmented. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Allnex Netherlands BV, AOC LLC, Ashland Global Holdings Inc., DIC Corp., Hexion Inc., Interplastic Corp., Orca Composites, Reichhold LLC, SHOWA DENKO K.K., and Swancor Holding Co. Ltd. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.
For more insights into this market: Download a Free Sample Report. Our custom reports provide market insights at the global and regional level along with a pipeline analysis of new product launches. It also provides a peek into the latest R&D along with an impact analysis of government regulations.
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